The landed gentry are only in charge until the king comes to town and chops off a few heads. At least that seems to be the case at Reddit, where CEO Steve Huffman pretended his complaints about current moderators — who were protesting his decision to effectively cut off API access to tons of useful…
Spez explicitly said in his AMA that third party apps were profitable while reddit wasn’t.
Which isn’t mutually exclusive, plus he can’t really talk about any planned sales before they are actually announced anyway.